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Hathaway Corporation Wholly Owned Subsidiary OptiCon
Systems to Release the Fourth Version of OptiCon Network Manager
in the Fourth Quarter of 2006
Wednesday January 18, 2006
Ranger 4 Introduction Will Impact Our Revenue Immensely
for 2006 and Beyond
Hathaway Corporation
is pleased to announce that its wholly
owned subsidiary, OptiCon Systems, Inc. will be releasing "Ranger
4," the fourth version of the Opticon Network Manager sometime
in the fourth quarter of 2006 . The Ranger 4 will include all of
the current software's features and functions in a more flexible,
scalable, efficient and user-friendly manner with state-of-the-art
technology. The completion of Beta testing is scheduled for the
third quarter of 2006.
The Ranger 4 software has a compilation of new capabilities such
as integration with existing systems through multiple interface platforms,
supporting foreign languages, managing inventory as well as creating
and managing work orders. In addition, there are numerous other modifications
that further the efficiency and increase the value of the software.
The new version of OptiCon's Network Manager will increase their
customers' return on investment (ROI) by reducing the manual engineering
need to design and provide network connections, and expand fault
management analytics. The new software release will also be able
to standardize spatial databases such as Oracle, AutoCad, MapInfo,
ESRI, and MapPoint. Customers will also be able to manage the interconnection
of all types of cables such as copper, coaxial, and fiber and the
software is scalable from the smallest network operators to large
multimedia and telecommunication providers such as SPC, Bell South,
Time Warner, etc.
"We are very excited about the advancement of our software.
The Ranger 4 will greatly increase efficiency of operations for our
clients and our overall corporate revenue for years to come. It's
our objective to continue to deliver the best solution in the market," stated
John Batton, President of OptiCon Systems, Inc.
About Hathaway Corporation
Hathaway Corporation develops and acquires undervalued companies
that bring a shift in how communications are delivered and serviced
globally. Hathaway continues to seek out and capitalize on emerging
technologies such as OptiCon Systems that will change the way the
world communicates. Hathaway brings the communications solutions
of the future to today's business marketplace. Originally, OptiCon
Systems was developed by Corning and sold to their customers. Corning
spent millions of dollars and over seven years developing the Fiber
Optic Management System currently marketed and sold by OptiCon Systems
Inc. OptiCon serves over 70% of the global 500 companies such as
Adelphia, Charter, Comcast, Comcast/AT&T, Cox, Time Warner, and
BrightHouse.
Safe Harbor
This release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that
are not historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are inherently
uncertain. Actual performance and results may differ materially from
that projected or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and regulatory
and shareholder approval for anticipated actions.
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